The Balsillie Family Foundation
Private foundation · Toronto, Ontario · BN 804212421RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,800,764) as filed with the CRA.
The Balsillie Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $5.5M in revenue and $5.8M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 66% of peers.
As a grantmaker, it reported gifts to 13 qualified donees totalling $3.6M in 2024, the largest being $2.5M to Arctic Research Foundation. Revenue has declined over its filings on record here, from $9M in 2020 to $5.5M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Activity is restricted to receiving and managing funds for the purpose of making gifts to qualified donees
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.5M | $5.8M | $1.8M | — | $3.6M | $70M |
| 2023 | $3.2M | $12.8M | $2.4M | — | $9.4M | $70.4M |
| 2022 | -$1.8M | $7.6M | $1.5M | — | $5.1M | $79.9M |
| 2021 | $2.7M | $7M | $1.3M | — | $4M | $89.3M |
| 2020 | $9M | $7.6M | $2.2M | — | $3.5M | $93.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.6M to 13 qualified donees:
- Arctic Research Foundation$2.5M
- Writers' Trust of Canada/societe d'Encouragement aux Ecrivains du Canada$300K
- Cambridge Self-Help Food Bank Inc.$200K
- Aciac$140K
- Spiritwind Christian Centre of Guelph$100K
- The Food Bank of Waterloo Region$100K
- The Canadian Civil Liberties Association$100K
- 3858278 Canada Foundation$50K
- Art Gallery of Ontario$25K
- Ontario Provincial Police Youth Foundation$20K
- The Canadian Journalism Foundation/La fondation pour le journalisme canadien$11K
- Fondation du Musee des Beaux- Arts de Montreal$10K
- The Children's Book Bank$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
James Balsillie (director); Brian McGee (director); Tim Macdonald (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Balsillie Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 804212421RR0001), or read how we compute the receipt.